Canoo Inc (GOEV) concluded trading on Wednesday at a closing price of $0.99, with 5.06 million shares of worth about $5.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -65.33% during that period and on October 16, 2024 the price saw a gain of about 4.50%. Currently the company’s common shares owned by public are about 86.78M shares, out of which, 78.81M shares are available for trading.
Stock saw a price change of 4.10% in past 5 days and over the past one month there was a price change of -4.65%. Year-to-date (YTD), GOEV shares are showing a performance of -83.24% which decreased to -86.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.88 but also hit the highest price of $8.81 during that period. The average intraday trading volume for Canoo Inc shares is 3.07 million. The stock is currently trading 1.79% above its 20-day simple moving average (SMA20), while that difference is down -20.08% for SMA50 and it goes to -59.15% lower than SMA200.
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Canoo Inc (NASDAQ: GOEV) currently have 86.78M outstanding shares and institutions hold larger chunk of about 18.00% of that.
The stock has a current market capitalization of $86.05M and its 3Y-monthly beta is at 1.27. It has posted earnings per share of -$7.32 in the same period. It has Quick Ratio of 0.12 while making debt-to-equity ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GOEV, volatility over the week remained 7.75% while standing at 7.48% over the month.
Stock’s fiscal year EPS is expected to rise by 73.83% while it is estimated to increase by 26.10% in next year.
Coverage by The Benchmark Company stated Canoo Inc (GOEV) stock as a Buy in their note to investors on April 17, 2024, suggesting a price target of $5 for the stock. On January 05, 2024, Wedbush Initiated their recommendations, while on September 16, 2022, Stifel Initiated their ratings for the stock with a price target of $4. Stock get a Buy rating from ROTH Capital on December 16, 2021.
